Why is the Ethereum gas fee so high?
The Ethereum gas fee is high due to several reasons. Firstly, the network congestion caused by increased transaction requests, especially from popular projects like DeFi and NFTs. Secondly, market demand fluctuations also affect the gas fee, as more transactions occur during bullish or volatile markets. Lastly, miners prioritize transactions with higher fees, further driving up the cost.
Why is the ETH gas fee so high?
I don't understand why the ETH gas fee is so expensive. It seems to be much higher than other cryptocurrencies. I would like to know the reason behind this high fee and if there's any way to reduce it.
Is High NAV good or low?
I'm trying to understand whether a high Net Asset Value (NAV) is considered good or bad. I've heard different views on this and would like to get a clearer understanding of how NAV affects mutual fund performance and investor returns.
Why is Exodus network fee so high?
I'm trying to understand why the network fee on Exodus is so expensive. It seems to be much higher compared to other platforms. I would like to know the reason behind this high fee.
Why are gas fees on ETH so high?
I've been using Ethereum recently and I've noticed that the gas fees are extremely high. I'm wondering why this is the case. Is it because of the network congestion or some other factors? I'd like to understand the reasons behind these high fees.